Book — I finished reading "Anatomy of the bear" by Russell Napier recently and it was an okay book. It goes over what the author thinks are the 4 biggest stock market crashes. 1921, 1932, 1949, 1982. He uses the 'q ratio' and some type of mean ...

10 Worst US stock market crashes in the US

Home owners I think are more of the scapegoat. Redirect all the focus on them and not look at the real problems. Highly leveraged CDO's, naked shorting, removal of uptick rule, getting rid of the Glass-Steagall Act, I know you folks can add more to ...

Crash of 1929 vs. Today

That is a nice pool. LOL. Good one. See, ask and you shall receive, but be careful what you ask for because it may not be exactly what you wanted.

james16 Chart Thread

Dow — Okay, I want to put in my official Dow number. Well, 2 numbers. Dow 4500 (Nice PPZ area), if we break that then down to 2800. Dow 2800 is 80% of the 14000 high, which is about how much the Dow fell during the great depression. We should ...

james16 Chart Thread

Dang, you caught that post before I went back and did an edit. I haven't studied the gold standard, but I understand it had some issues, but I think organizations such as gold money that can divide up gold into grams and do transactions with ATM ...

10 Worst US stock market crashes in the US

3rd Sentence from the article. During the American Civil War, the United States government issued a large amount of money that was backed by nothing but credit. I not familiar with the details from this era, but the wikipedia article sounds like, ...

10 Worst US stock market crashes in the US

China — I looked at your profile and see you are in China. I thought the housing in China corrected already? Maybe that was the stock market... I think China / Asia will come out of this thing ahead of the rest of the world...

Crash of 1929 vs. Today

Great Depression Timeline — Here is a cool timeline, not sure how accurate it is... url What is interesting unemployment peaked at 24.9% in 1933, in 1931 it was 15.9%. So what is it currently? Well, Shadow Government Statistic is saying the ...

Crash of 1929 vs. Today

I deleted the post since I thought it was kind of a distraction to the thread, but here it is again. url

james16 Chart Thread

I can relate, as I'm an over trade addict as well, so don't feel alone.

james16 Chart Thread

CNBC — I think Jon Stewart handed it to CNBC pretty good. Bloomberg is good, Fox Business News is still pretty new, but seems okay so far. video

POLL. Bloomberg or CNBC?

I'm hoping to break that resistance had keep going North. G/J has been in an minor (short term) uptrend for a month now.

No Brainer Trades

I guess I was looking more at peoples attitudes. Stocks always go up, similar to what we saw in housing. Home prices only go up, the boom that will never end. When I was younger and didn't know anything about markets (not claiming I know now either, ...

Crash of 1929 vs. Today

Milton Friedman — History seems to repeat... Watching and reading about the 1907 & 1929 is very much like today. Here is a quick video by Milton Friedman with some general info about the gold standard and Fed Reserve during 1929. video I ...

Crash of 1929 vs. Today

Good job, bro.

james16 Chart Thread

Ah Ha! Moment — Has this ever happened to anyone... For split second I almost had an Ah Ha! Moment where I thought I saw the whole trading thing and it slipped away. It was very strange feeling... Anyways, I'm still in a trading funk that I ...

james16 Chart Thread

I've read "Trading in the Zone" and then got "Disciplined Trader". I think Disciplined is better and should be read first (probably does not matter, but that is the way I wish I had done it). I'm reading "Trade your way to Financial Freedom" right ...

Just bought trading in the zone by Mark Douglas

This is well worth the time. Goes through the history from gold standard to fraction reserve banking in a cartoon that makes it easy for anyone to understand. url

Jacko's Forex House of Pleasure and Pain